YIT CORPORATION       STOCK EXCHANGE RELEASE           March 10, 2010 at 18:05 



YIT IMPLEMENTS A SHARE-BASED INCENTIVE SCHEME                            
      

The Board of Directors of YIT Corporation has decided to implement a
new        
share-based incentive scheme. The objective of the incentive
scheme is to       
support YIT's strategy of profitable growth and supplement
the already available
incentive schemes.                                      
                       

YIT's objective is providing its employees
competitive terms of employment,     
including various incentive schemes as
well as opportunities for development and
participation. The share-based
incentive scheme aims at promoting the employees 
in determined work,
rewarding their good performance and committing them to     
long-term
persistent work.                                                      

The
scheme consists of three earnings period, i.e., the calendar years 2010,   

2011 and 2012. Shares will be handed over in 2011, 2012 and 2013 to
employees,  
based on the results of the previous year. A total of
approximately 700,000     
shares can be annually rewarded, of which a maximum
of 20,000 to the President  
and CEO. Furthermore, employees included in the
scope of the incentive scheme   
will receive part of their reward in cash to
cover the deferred taxes and other 
charges ordered by the authorities caused
by the share rewards. Employees       
included in the scope of the incentive
scheme are obliged to not transfer their 
shares within two years of having
obtained them; i.e., during a commitment      
period. If the employment of an
employee included in the scope of the scheme is 
terminated during the
commitment period, the employee must return any shares    
obtained as rewards
to the company free of charge. Under all circumstances, the 
Board has the
right to amend the rewards in a reasonable manner.                

The Board
of the company annually decides on the performance criteria and the  

employees included in the scope of the incentive scheme. In the case of 2010,
  
the performance criteria are return on investment and revenue growth, and
the   
incentive scheme covers approximately 250 employees whom the Board will
name by 
the end of March 2010.                                               
          

For additional information, please contact:                      
              
Antero Saarilahti, Senior Vice President, Administration, +358
20 433 2280,     
antero.saarilahti@yit.fi                                    
                   


YIT CORPORATION                                       
                         



Virva Salmivaara                              
                                 
Senior Vice President, Corporate
Communications                                 



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